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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta's deep basin. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol Assets), which included around 23,000 barrels of oil equivalent per day of low-decline production and 455,000 net acres of mineral land. The acquisition includes five operated natural gas plants with combined net natural gas processing capacity of around 400 million cubic feet per day, 2,200 kilometers (km) of operated pipelines, and a 12 MW cogeneration power plant. These assets include Edson Gas Plant and the Central Foothills Gas Gathering System. The Company has a total proved plus probable reserves of approximately 7.8 trillion cubic feet equivalent (1.3 billion barrels of oil equivalent).


TSX:PEY - Post by User

Comment by sportstermathewon Apr 10, 2020 10:31am
116 Views
Post# 30897037

RE:List of Peyto's drilled wells: sites, dates completed, etc.

RE:List of Peyto's drilled wells: sites, dates completed, etc.Thanks, great site.  Everyone should go there.

if I had the time I would keep a running list for everyone, but I work from home selling stuff on ebay.

So I should get back to it.

The interesting part is how many wells show up when you zoom in on the map in sections previously drilled.

What people don't realize I think is the number of zones they have available to them that have yet to even be looked at.  Especially the older wells they worked only one zone on.  Whether they have the rights to all zones I would have to ask about.  Or if you have the rights to one section does that allow you to go to any zone you think is a good prospect.

We are now getting emergency alerts over the phone, text, TV everything.  We are just lucky we can take a walk outside.

Lets ask some questions here.  ARe we going to be stuck in a $2 to $4 zone for quite some time?  1 to 2 years?

If so I would definitely be happy to buy more shares and get the dividend and keep on buying more from the DRIP
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